GBPCAD, daily timeframe, 5th wave of Elliott Wave (2nd)
Hello my friends,
Previously i have analyzed GBPCAD and managed to enter exactly on the 38,2 fibonacci retracement of wave-3.
I entered exactly on fibonacci 38,2 retracement because the 4th wave usually only retrace around 23,6-38,2 fibonacci retracement.
For those who didn't entered GBPCAD on my 1st entry, there is a possibility to enter again here at 1.7450
Buy GBPCAD 1.7450
Stop loss 1.7300
Take profit 1 @ 1.7675
Take profit 2 @1.7875
Disclaimer: I've been buying GBPCAD from 1.7395 and still holding
Good Luck
Previously i have analyzed GBPCAD and managed to enter exactly on the 38,2 fibonacci retracement of wave-3.
I entered exactly on fibonacci 38,2 retracement because the 4th wave usually only retrace around 23,6-38,2 fibonacci retracement.
For those who didn't entered GBPCAD on my 1st entry, there is a possibility to enter again here at 1.7450
Buy GBPCAD 1.7450
Stop loss 1.7300
Take profit 1 @ 1.7675
Take profit 2 @1.7875
Disclaimer: I've been buying GBPCAD from 1.7395 and still holding
Good Luck
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